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US falls knock Europe as Artificial Intelligence slowdown fears mount

The Independent·Jeremy Cutler·4 days ago
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Stocks in Europe declined sharply on Friday after heavy falls on Wall Street overnight, while a strong US jobs report lit up the dollar.

The FTSE 100 index closed down 108.72 points, 1.0%, at 10,673.94. It had earlier traded as low as 10,528.07.

The FTSE 250 ended 197.66 points lower, 0.8%, at 24,504.32, and the AIM all-share shed 3.36 points, 0.4%, at 753.73.

For the week, the FTSE 100 fell 0.5%, the FTSE 250 rose 0.2% and the AIM all-share added 0.2%.

In Europe, the CAC 40 in Paris fell 0.8%, while the DAX 40 in Frankfurt declined 1.9%.

In early trading on Friday, US markets recouped some of Thursday’s hefty falls.…

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